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enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recov
and well. latest fm threatening stris as more than dozen up shipping ports. big deal you say? very big deal and here's why. a lot of stuff in the ships that frequent ports, everything from electronic items you found a hard time getting your hands on this holiday season to basic consumer staples like fruits and vegetables you might not find anywhere. unions navigating uncharted waters and going at our wallets because any delay getting stuff off the ships i tell you is going to be big, ship. and i'm not, shipping you. i practiced that repeatedly. in fact, after you hear what we're about to tell you will almost wish the mayans were right. now the cost of living has just gone way, way up. to melissa francis, who says we don't need any of this. caroline heldman who said unions are actually entitled to do this. caroline, oh mayan, you have some explaining to do. what do you think? >> well, neil, i think that wages hhve been stagnant since the early '80s because of decline in unions. that unions make wages 28% higher. neil: artificially higher. artificially higher. >> wages have not kept up with i
to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be wespread across all industries, including retail, manufacturers who rely on inputs to production, farmers trying to get theirroducts overseas, and trucking companies who rely o ports to move containers in and out, this will be wide spread. for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules and ef
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
if the deal is not reached this week, but potential strike, law shoreman threatening to walk off the ports in the east on gulf coast. this could disrupt billions of dollars in shipments. joining us now ed butowsky, a hell of a way to start a week with the threat after strike. to put it in context, when l.a. had a dock workers strike ten years ago, it cost a billion dollars a day. this is going to affect ports in newark, houston, miami, this could be several billion dollar hits every day to our economy? >> yeah, and i tell you, when you look at it, it's really similar. there are some parallels to the fiscal cliff discussion. because the arguments are about are the royalty payments that the dock workers get for bringing merchandise on board and unloading the cargo and what the similarity is really that we're not-- they're not talking about more business, they're talking about how do we split up the same pie and same thing with the fiscal cliff, we're not talking growing the economy, how do you split up the economy getting the tax revenue and the same thing with the longshoreman strike. which
. how much money as the port authority gone through and how much are they overbudget? >> originally in the first month after 9/11, when the port authority had a first financial where they put out, they said we are not going to have to pay the cost of this in rebuilding. and they said that we are going to get all of this money for the federal government. do not worry. ten years later, they had borrowed nearly a billion dollars. after the storm, they thought they were getting all this free money from washington and they didn't spend it very well. >> all right, why is the port authority involved in the first place? are they supposed to run the bridges and tunnels and transportation? i don't get it. >> one of the things about the port authority is it is a bistate agency. new york and new jersey governors run. what they have done is use it as a slush fund, kind of off the books government. voters don't really have any say in it. they collect all of their money. the tolls just went up and all of the hudson river crossing the port authority controls. it is now $13 to go across the george w
of the strike shutting down the biggest ports in the country. think it doesn't affect you? all the holiday presents you ordered could be stuck out at sea, oh, no!. we'll explain it coming up. >>> egyptian president morsi forced to plea his palace after tens of thousands of protesters battle police outside. morsi's days could be numbed per. we'll talk about the impact here at home. even when they say it's not it is always about money melissa: look at the day's market headlines, wait and see is the name of the game on wall street. they watched the latest sparring over the fiscal cliff. stocks weighed between positive and negative territory. shares of netflix soaring more than 14% you wow! the company announced exclusive dib shun deal with disney. they will get first run streaming rights for disney films beginning in 2016. gold prices losing their shine. the commodity tumbled below $1700 a ounce hitting a one-month low. >> to our top story, no bias or bull. "money" will lay it out for you. all the talk about we can't fall off the fiscal cliff, we say why not? it may not be the worse option? m
pushing blue-chips into triple-digit gains. right now the dow is up 113 points. >>> workers at the ports of los angeles and long beach are back at work today of an eight-day strike crippled one of the nation's busiest ports. the announcement came from the mayor of los angeles who joined federal negotiators to negotiate a deal between the employees and portfolio managerment. mayor villaraigosa will be a guest on fox business. >>> elizabeth murdoch died, mother of rupert murdoch. she was considered one of australia's most generous philanthropists donating money to more than 100 charities. dame elizabeth murdoch was 100 years old. that is the latest from the fox business network, giving you the power to prosper. lori: as republicans and democrats continue the back and forth over the fiscal cliff one thing they're already losing is the confidence the american people. look at this. just four in 10 americans believe washington will reach a deal by year's end to avert the fiscal cliff but nearly half do not think they will. that is according to this new poll released by the pew research center.
crippling port strike grows. have you heard about this? if workers walk off the job on december 30th, we're looking at a billion dollar a day hit tothe economy. that is a great way to start out 2013. even when they say it's not, it is always about money melissa: all right. first let's take a look at the day's market headlines. stocks falling off today after two-day hot streak with all three major indices closing in the red. investors spooked by bad housing data and all that nonsense in washington. w closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss ofnearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could s
a strike of the two biggest ports in the u.s. directly affecting you and your wallet this holiday season. you want to hear this. >>> violent protests portedly lead to the egyptian president fleein his palace. what it could mean here if his rul crumbles before your eyes. what it could mean comin up. ♪ . you stl think you're colder than me? nah. don tell me. tell tiny! [ ice craling ] [ knuckles craing ] and who are you supposed tbe, back-up? handle it. what you looking at? ! cat-like reflexes... whoa! [ ma announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the colde. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing er! ♪ . melissa: well u might not think the huge strike the two biggest prts in the countrydirectly impacts you but think about this if you ordered anhing laly, and we all have, christmas or hanukkah gifts you may not get them in me. more than den ships loaded incargo are sitting doc in california and have been for the past week. both sides reportedly agreed federal mediation in
washington should not pull out the rug from under this rebound. ship wreck, massive port strike that could happen this weekend halts commerce for the country. top of the hour, stocks now and every 15 minutes, lauren at the new york stock exchange. stocks down, but it could be worse, lauren. >> it could be worse. at one point, after 109 points, and now down 59 on the second to last trading day of the year. the nasdaq, believe it or not, is the winner today, down by just about .16%, doing the best of the three major averages. i point that out because for the month of december, the nasdaq is the only major average negative. it's interesting to know we started the year with nasdaq at 26.0 # 5, and now at 29.81, we came a long way. a good year for tech. the vix up above 20. fear of the fiscal cliff and traders saying, all right, we have this idea of a deal getting done baked into the markets, but maybe that's going to unravel a little bit. barnes and noble share, stock up more than 6 #% as i speak. the news is both good and bad. bad news first. they say the holiday period and sales trends will
bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead. lori: let's see how the dollar is trading. it is a weaker dollar with big euro pushing up to 130. the dollar weaker, really, across the board. we will be back with more after this. ♪ twins. i didn't see them coming. i hai need to rethink the oblco of my portfolio.atio. what i reallneed is sleep. introducing the ishares core, buildi blocks for the hearof your portfoli find out why 9 out of 10 large professional investors chse ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. he's going to apply testosterone to his underarm. axiron, e only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is nofor use in women or anyone younger than 18. axiron can transfet
returning to work at the port of los angeles. after very costly strike costing a billion dollars per day. coming up, the mayor is going to be joining us live, talking about the ports, the drive to bring a football stadium back to life to the city and the city's biggest looming crisis. liz: pandora taking a big hit today down 17.5%. the company beat on some expectations and did very well with revenues but they lowered fourth-quarter estimates saying they swing a lot. pandora president and ceo on why the expectations were lower. he says it is one metric, nothing to worry about and what is being done to bring in more revenue from the event. david: a mixed day on wall street stepping the losing streak while the nasdaq closed in the red as apple tumbled almost 7%. searching before getting back some of the gains in the last half-hour. utilities and financials with a top performing sectors. adding 118,000 private sector jobs in november. sharply down from 137,000 created in october. blaming hurricane sandy saying it trimmed job growth by 86,000 workers, small business created the fewest jobs in
. >>> grover, we have to leave it there. thank you. >> okay. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? >> forget the fiscal cliff. how about a container cliff and what it m do to the economy. time's running short and a standoff between long shoreman union workers and companies could cripple the nation. unless they reach a dea they plan to strike this weekend. we reached out but haven't heard back yet. steve moore is here with us. if th strike happens, some estimates say $1 billion per day hit to the economy. >> yeah, the's no question. if you -- you used the right word, cripple the economy. the ports in this country are the backbone of our trade, both export and imports and i've read estimates of $100 billion or more comes in and out. so it cook devastating, and reverberate throughout the economy. retailers, whesalers. food distributors, everybody would be affected by the strike if it goes forward. >> exactly what do the unions want and what is managemen
's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the company and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, brenda, where have unions made an industry more competitive? i can think of examples where they haven't, airlines, steel, auto, across the board, governments they put out of business, if even can argue they've made it more competitive. i'd stand upor unions and i can't find an example. >> prices have ge up in all of those industries and you say, fast foods, too cheap? >> yeah, i mean, i'll tell you what, i don't actually believe that we'll see unions at the fast food restaurants, but i actually wish we would. because, the fact is you could make these jobs more attractive to 12 milli
to be the last word. so, dock workers and shippers forging a temporary deal to avoid shutting down major ports and our economomomomom >> a last minute dea averts a crippling strike from maine to texas, but the temporary agreement will only last about a month and jim, you say this could be the costliest union threat yet? how so? >> we've already seen retailers like home depot, lowe's and target affect their business. we're in an age of just-in-time delivery. and when youisrupt that, you disrupt things when times are tough. bear in mind, also, there are 25 million people out of work. 52 million on food stamps and the unions are choosing now to flex their muscles. i do't know wh is running pr for these people, it might be "monty python," it's bad timing and bad pr. >> brenda: and these people say they need a better, livable wage. yeah, what's wrong with workers getting a raise and wages going up overall in the economy? that's going to give people more confidence. >> brenda: right. >> it's a good, a little wage inflation would be good for this economy. brenda: jonas, are we going to see inflation
a billion dollars a day. that's just one port. this is going to be newark, the gulf ports down in houston. adam: what seems to be a sticking point is a fee that the men and women who unload the containers get paid by the weight of the container. one thing not knowing too much of the details of where the hold-up is, the containers are getting larger and larger. what the ports are saying is it's too expensive. it hit a point where the the fees can't keep growing. they want to cap it. that seems to be where they are at loggerheads. you don't want to shut down commerce in the united states and that's what this will do. liz: it would stretch from maine to houston apparently. it would choke supply chains across the country. and whether or not the federal government would step in and mediate this one is going to be a key issue going forward for any similar labor disputes. david: if the government does, of course the obama administration has been seen as being pro union, would that continue to be pro union even though being pro union could cripple this economy. liz: it depends on whoois on the bo
billions of dollars. a ten day port lockout in 2002 cost $1 billion a day and caused a major backlog and shipment. those same officials have called on the president to use emergency powers to avoid a coast guard port shutdown. talks broke down last week. federal ridi haters are hopeful to avoid a total shutdown. it was a customers tree this christmas with retailers slashing prices and hope of mary profit. did those deals bring in the dollar? adam shapiro is joining that story. >> it did not bring in the dollars the same way it has in years past. here are the numbers according to its polls. this is not indicative of those holders. from the period of october 28 through december 24, sales only grew by seven tenths of a percent. sales grew by 2%. as we take a look at some of our favorite video, people actually shopping, the retail federation is sticking to its prediction. we will see year over year growth for the holiday season. they are predicting we will have a $586 billion season. what we are seeing through spending polls and shopping track where they downward vision, the reaction to
, however, has been averted on the east coast and gulf coast. a massive looming port strike will not happen, at least for now. going live to miami ahead in a few minutes for up to the minute details on that and why it's not -ealing a blow to the u.s. economy. first, stocks, as we do every 15 minutes, going to the floor. new york stock exchange. lauren is there watching it. any indication from the investors and traders about a deal? are they telling you if they have an inside scoop? >> they do not have an inside scoop, but there's con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington say something about fiscal cliff, and then we'll move on that news, but traders are saying if we get a deal done, we'll see the market take off. we have not seen a santa claus rally this december, unfortunately, and, in fact, the nasdaq lower. stocks lower, by the way. here's the new york stock exchange, three stocks trading down for every one trading up. another thing trading up a the
of federal mitigation to end the week long port strike in los angeles and long beach. they are striking at ten of the 14 terminals at the nation's busiest port complex. apple nearly doubling itunes gee geographical reach with plans to expand into 56 additional companies as apple faces stiff competition from microsoft and google. warren likely to join the banking committee next year, a well-known critic of the banks calling for regulation and limited risk. carl icon abandoning the bid for oshkosh corporation after just 2 # 2% of the company shares were tended. he sought 25% of the shares in the offer, and that's today's speed read. all right. liz: doesn't usually back out of things. david: he doesn't, but he did. low water levels, threatening to bring the busiest waterway in the u.s. to a screeching halt placing companies that ship grains and other goods at a loss of millions of dollars. liz: jeff is live from the mississippi river to show us the unbelievable situation there. jeff? >> you are looking at stuff, liz, and dave, that you have not seen, rocks not seen in decades. they call th
it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of
: no intervention by the white house as ports in l.a. and long beach shut. dennis: the mighty mississippi, jeff flock on the river. >> dennis, they want intervention from the white house on this. look at the mississippi. we are live on the mississippi. dangerously low water levels. can washington help? we'll answer the question when we come back. stand by. ♪ twins. i didn't e them coming. i have obligations. cute obligations, b obligatio. i need to rethink the core of portfio. what i really need is sleep. introducing the ishares core, building blocks for the het of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishararesor a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully fore investing risk includes possible loss of principal. >> 23 minutes past the hour, i'm heather nauert with the fox news minute. protesters breakthrough police lines, and protest near the presidential palace in cairo. sources telling us that president morsi left the palace fol
a different subject. something that could affect our economy short-term. port workers from boston to houston, threatening to strike and walk off the job come sunday. that could disrupt 2 million tons of imports every single day, and billions of dollars of economic activity every day, every week that this walkout continues. it's a threat at the moment, but it could become reality come sunday. if it happened, do you think we go into recession? is it the final straw at that kicks us into recession? >> well, given the fact that so many goods have come in in the end of the third and the beginning of the fourth quarter for the holiday season, i think if it's a short-term thing, we don't go into recession. now what i say about this, stuart, i say if that happens, fire them all. working and having a job is a privilege not a right. we have become the entitled state of america and i will tell you what i've never been in a job if i decided to go on strike they wouldn't have said, carol, guess what, that's the door don't let it hit you on the butt as you go out. if they want to strike, 20 million people
and farmers are bracing for possible strike. lori: no way. tracy: right. that could shut down ports from boston to houston. 15,000 dock workers are preparing to strike after this weekend. after contract negotiations between international longshoremen's union and shippers broke down. groups are calling on president obama to step in, believe it or not to avoid billions in losses. they're citing a 2002 lockout at west coast ports, at west coast ports that caused the economy one billion dollars a day. this is after a push by federal mediators, the two sides agreed to come to the table again. no word when those talks are scheduled. the only up shot to the whole thing, lori, the big shipping season is over. lori: that is one of the mitigating factors. tracy: it might not be as damaging to the economy. we're talking about royalty fees here. lori: we're talking about royalty fees. a union story. union having more of an influence given size of this economy and industry. this is what the critics are saying about it. more big bad union news there for you. let's check the markets. stocks are off the
again. tracy: and 14 major ports that are being threatened to be shut down. we will get the latest. lori: also confidence in the global economy is higher suggesting people are picking up more security. we are back after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, ashis may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effectsay include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting morehan four hours. if you ha
. they don't get that says our next guest on "wall street journal" reporter who ports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or give back. >> for instance it used the for two weeks for your christmas holiday and use brain drain gold a the last eight-- you are laid up that means they automatically go into your sickly youth then you could have the vacation do over to make up for those days that you weren't that sec or hurt. john: if you say i have they cold? they have to give you that back? >> if it is dead doctor's note to to say she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have
of miami and many peopl from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies with them. >> so th get their fancy education here and go back to indian or somewhere else. >>guest: w would like to stem the tide and keep them closer, and bring them back to the united states so they can create new job and new companies. >> if they worked for a company they could have stayed? >>guest: if you get sponsored by a large corporation you can get the prop visas to work in the country but you cannot self sponsor and you cannot be here and create your own start-ups without going through some pret significant legal work. >> to build this big ship where people live cost as lot of money and peop are actually giving you money fo this? >>guest: theface book funder and creator of pay pay pal is helping us and bringin
. little girl is okay. >> but first port workers striking in los angeles and long beach california for 7 days in a row, costing the economy a billion bucks a day, some cool gadgets have you been wanting for christmas they may not make it off of the ships in time. on whether the unions might be going overboard. what is going on here? and what do you see happening? >> i don't know what is going on with unions over the holidays, but i tell you after thanksgiving, and bakers union killed the twinkie. and snarled traffic at lax the day before thanksgiving, now uscw on walmart, now, that was thanksgiving, now this christmas you have the longshoremen's union, thaclerical workers going on strike, and shuts down two of the busiestports in the country. neil: there are many beefs they have. but to bring people up to speed, is that among their beefs is this issue of replacing worker loss go terp nate or -- terminate or retired. that is common practice where your colleague goes you pick up their work as you know. for example i am doing work of 17 anchors myself. but in all -- >> you always do a fanta
: when i was in graduate school i got my mba from the university of miami and many people from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies th them. >> so they get their fancy education here and go back to indian or somewhere else. >>guest: we would like to stem the tide and keep them closer, and bring them back to the united states so they can create new jobs. and new companies. >> if they worked for a company they could have stayed? >>guest: if you get sponsored by a large corporation you can get the prop visas to work in the country but you cannot self sponsor and you cannot be here and create your own start-ups without going through some pretty significant legal work. >> to build this big ship where people live cost as lot of money and people are actually giving you money for this? >>guest
, it could of course. tomorrow at midnight a longshoremen's strike could shut down ports at east coast and the gulf. and the strike could disrupt about, we figure, 2 million tons of imported cargo per day and of course, it would cost the economy billions. it could have major implications on nearly all levels of the u.s. economy, could push america into recession, that's a big could. and president obama, lawmakers meet 3 p.m. on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is next. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i
by the superstar. now, elizabeth macdonald has been up front of the story. >> reporter: being called the port storm. the spending bill for residents of new york and new jersey. let's take a look at some of the wish lists and items in the bill. $41 million for military bases including cuba. 23 million for tree planting, 4 million for sand dunes, $4 million for new cars and office equipment at the fbi. $2 million for a new roof at the smithsonian all the way down to $1 million for treason cemeteries, so here is the debate. did that storm hit d.c. or new york and new jersey? is it the right thing to nationalize the disasters? should you have it at the state -- spinning at the state level and not governed by the federal government? that is the problem. no hearings at on the spending in the spending bill. $60 billion on this is equal to what the tax hike would be in the top 2% bracket. dennis: what are they -- do we have any idea? >> reporter: i have been checking into it. no word. we have an update from the governors of new york, new jersey, and connecticut's and 60 billion went out the door two weeks
terrorists who breached the compound in benghazi within just minutes. we have the full port here tonight straight ahead. among the guests, former u.s. ambassador to the united nation, john bolten, judith mill eric and ed qlien. we begin with the close door ie on benghazi that lawmakers say raises more questions than ever that the obama administration insisted the attack was the response of a demonstration prompted by rage over an anti-islam video. fox news correspondent with the latest on what lawmakers saw and heard today from the country's top intelligence ficials. >> the closed classified briefing brought together seen your state department, intelligence, and counterterrorism officials for a report on e three-month old investigion into the benghazi terrorist attacks. >> to the degree there was planning involv, something done over days, weeks, or over hours? no indication of long term planning here. >> the attacks cnology was laid oillet in a multimedia presentation with drone surveillance and video from the consulate of the cia and annex. >> this is supposed to be sovereign u.s. terri
are jealously guarding the port of tartus where they have a significant military and financial investment in syria. they are a patron of syria. it is very unlikely of the russians are going to help dislodge this, and that is a shame, obviously, because the syrians are loading chemical weapons. we hear dangerous reports command of syria right now. lou: and we learn that the pen exiles, one of the exile leaders returning to gaza today. well, not returning to, but going from which he had been banned for 45 years. your reaction? and an assessment of its significance. >> sure. the political leader. this is seen as a victory. i'm not sure why they let him back in. but currently celebrating his 205th anniversary, and they are also celebrating what they describe as a victory over the israelis despite the fact that the israelis really dominated the battlefield during that war in gaza two weeks ago. lou: it's great to have you with us. we thank you so much. appreciate it. >> my pleasure. lou: much more. we will take all of that up with the "a-team" here next. ♪ lou: 18 days until christmas, 24 da
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